Hubei Chaozhuo Aviation Technology Balance Sheet Health
Financial Health criteria checks 5/6
Hubei Chaozhuo Aviation Technology has a total shareholder equity of CN¥1.2B and total debt of CN¥45.6M, which brings its debt-to-equity ratio to 3.7%. Its total assets and total liabilities are CN¥1.6B and CN¥380.1M respectively. Hubei Chaozhuo Aviation Technology's EBIT is CN¥2.3M making its interest coverage ratio -0.2. It has cash and short-term investments of CN¥334.5M.
Key information
3.7%
Debt to equity ratio
CN¥45.55m
Debt
| Interest coverage ratio | -0.2x |
| Cash | CN¥334.53m |
| Equity | CN¥1.24b |
| Total liabilities | CN¥380.09m |
| Total assets | CN¥1.62b |
Recent financial health updates
No updates
Recent updates
Subdued Growth No Barrier To Hubei Chaozhuo Aviation Technology Co., Ltd. (SHSE:688237) With Shares Advancing 58%
Nov 12
Investor Optimism Abounds Hubei Chaozhuo Aviation Technology Co., Ltd. (SHSE:688237) But Growth Is Lacking
Sep 28What Hubei Chaozhuo Aviation Technology Co., Ltd.'s (SHSE:688237) 26% Share Price Gain Is Not Telling You
Mar 12Financial Position Analysis
Short Term Liabilities: 688237's short term assets (CN¥758.6M) exceed its short term liabilities (CN¥244.2M).
Long Term Liabilities: 688237's short term assets (CN¥758.6M) exceed its long term liabilities (CN¥135.8M).
Debt to Equity History and Analysis
Debt Level: 688237 has more cash than its total debt.
Reducing Debt: 688237's debt to equity ratio has reduced from 11.3% to 3.7% over the past 5 years.
Debt Coverage: 688237's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 688237 earns more interest than it pays, so coverage of interest payments is not a concern.